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Hcs 405 Week 9 Final Exam Paper

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1. F, A, G, D, C, C, B, E
2. Name three reasons why a patient registration form is valuable for the collection process
a. Helps you to get enough information to collect on the account efficiently or keep track of patients who move
b. Verifies the patient’s identity (accomplished by taking a copy of a valid photo ID)
c. Correct address and telephone numbers allow for sending statements and making contact in order to collect on the account
3. How often should a patient information form be updated?
a. At each visit or at 3-month intervals if the patient is being treated for an ongoing problem
4. The job of discussing fees is usually relegated to the
a. Medical assistant
5. Name four factors involved in establishing fees for a physician
a. What …show more content…
Physician must either tell the patient the reason for refusal or give notice that no credit will be granted iii. Patient has 60 days to request the reason for denial in writing
16. If, in an obstetrical case, a patient is asked for monthly payments before delivery of the baby, what form must be completed, signed, and given to the patient?
a. Truth in Lending Disclosure Form or Financial Agreement Form; if there are fewer than four payment installments, this form is not required
17. If interest is charged on a monthly billing statement, what law requires the disclosure of these costs before the time of service?
a. Truth in Lending Consumer Credit Cost Disclosure
18. Which law states the requirements and limitations for the patient and the medical practice when a complaint is registered about a billing statement error?
a. Fair Credit Billing Act
19. Name the time limit for collection on an open account in your state
a. Six years
20. Explain aging an account and state why it is necessary
a. Aging accounts breaks down the amount of time (30, 60, 90, and 120 days) the account is overdue. It is important to know when an account is becoming delinquent. Aging accounts also helps prioritize collection practices such as calls and

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